Why the Doctor Care Anywhere (ASX:DOC) share price is shooti

Why the Doctor Care Anywhere (ASX:DOC) share price is shooting 6% higher


Why the Doctor Care Anywhere (ASX:DOC) share price is shooting 6% higher
James Mickleboro | January 27, 2021 10:16am |
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The
Doctor Care Anywhere Ltd(ASX: DOC) share price is on the move on Wednesday following the release of an update.
At the time of writing, the telehealth company’s shares are up 6% to $1.46.
How is Doctor Care Anywhere performing?
Doctor Care Anywhere was on form during the fourth quarter and revealed a 151% increase in revenue to 3.8 million pounds.
This led to the company’s unaudited full year revenue increasing 102% year on year to 11.6 million pounds.
This was driven by a 186% increase in the oddly named “Eligible Lives” metric to 2.2 million. This metric represents the total number of patients who have an entitlement to use its services.

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